Leon Cooperman (Trades, Portfolio), a seasoned investor and former chairman of Goldman Sachs Asset Management, has recently filed his 13F for the third quarter of 2024. After converting his hedge fund into a family office in 2018, Cooperman continues to apply a combination of macroeconomic views and fundamental valuation to guide his investment decisions. His latest filings reveal significant portfolio adjustments, including exits and increases in several key holdings.
Leon Cooperman (Trades, Portfolio) initiated positions in several promising stocks this quarter, reflecting his ongoing strategy to capitalize on undervalued assets and potential market shifts.
Leon Cooperman (Trades, Portfolio) also increased stakes in a total of 17 stocks, among them:
Leon Cooperman (Trades, Portfolio) completely exited 12 holdings in the third quarter of 2024, as detailed below:
Leon Cooperman (Trades, Portfolio) also reduced positions in 6 stocks. The most significant changes include:
At the end of the third quarter of 2024, Leon Cooperman (Trades, Portfolio)'s portfolio included 40 stocks. The top holdings included 11.2% in Mr. Cooper Group Inc (NASDAQ:COOP), 8.87% in Vertiv Holdings Co (NYSE:VRT), 8.63% in Energy Transfer LP (NYSE:ET), 7.36% in Apollo Global Management Inc (NYSE:APO), and 5.83% in WillScot Holdings Corp (NASDAQ:WSC). The holdings are mainly concentrated in 10 of all the 11 industries: Industrials, Financial Services, Energy, Communication Services, Healthcare, Technology, Consumer Cyclical, Basic Materials, Real Estate, and Consumer Defensive.
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